fam, good morning ~


Will the market continue to grow today?
How should we conduct trading operations?
Data analysis:
The settlement card shows that at a bitcoin price of around 97000 and a maximum leverage of 100 times, approximately 261 million dollars is expected to liquidate short positions if the market reaches the level of 98700, while liquidation of long positions is expected to be about 654 million dollars if the market reaches the level of 93500.
If the market is based around the level of about 97000 and fluctuates within 2000 dollars, then according to the current trend, the existing short wave can easily be liquidated. Note the risk. On the other hand, if the market rolls back to the level of about 95000, the long position will also face liquidation of about 360 million dollars.
Daily analysis:
Based on the current market situation, the overall short-term trend will range from 95000 to 99000 for the market as a whole, from 3350 to 3550 for Ethereum, and from 200 to 216 for SOL.
Market opinion:
Currently, the overall market is recovering quite well, and as the market continues to recover, market sentiment becomes more optimistic. The next key point will still be where this market recovery will end, and when it will be able to successfully overcome and establish itself at the $100,000 level, or if it will continue to fluctuate within a wide range within a large sideways trend. We will be observing this as it progresses.
I believe that as vacations abroad come to an end, the market as a whole will gradually come alive after a relative calm, and market volatility will also increase. The overall direction is still upward.
Cash Strategy:
1. Artificial Intelligence Sector
RENDER PURCHASE IN BATCHES AROUND 7.5 SHORT-TERM TAKE-PROFIT AROUND 11
Purchase fractions around 0.2 GRT, exit in the short term around 0.4
Contract strategy:
Buy BTC around 96500, set profit around 98000
Long-term rate is around 3400 ETH, profitable rate is around 3530.
Buy around 205 SOL, stop profit around 214.
Reminder:
1. This contract strategy is suitable for investors who prefer short or medium-term trading. Please remember to earn profits in a timely manner and set stop-loss according to your position. It's better to incur small losses than to hold a position! If the market direction is correct, you can continue to hold the position.
2, this cash strategy is suitable for short-term cash, among alternative currencies there are many quality currencies that cannot be fully listed and systematized, only popular sectors can be recommended.
ETH3.32%
SOL6.4%
GRT6.01%
BTC2.01%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)